Notification of transactions by PDMR

 

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

 

1

Details of the person discharging managerial responsibilities/person closely associated

а)

Name

Pearlgreen Limited

2

Reason for the notification

a)

Position/status

A person closely associated with PDMR (Alexey Mordashov, member of the Board of Directors of Public Joint Stock Company "Severstal")

b)

Initial notification/ Amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Public Joint Stock Company "Severstal"

b)

Legal Entity Identifier code

213800OKDPTV6K4ONO53

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument

Share/Global Depository Receipt (GDR)


Identification code

ISIN: US8181503025, RU0009046510

b)

Nature of the transaction

Sale of shares/GDRs

c)

Price(s) and volume(s)

Price(s)

Volume(s)



US$14.96625 per share/GDR

18,040,892

 


d)

Aggregated information

- Aggregated volume

- Price

 

 

18,040,892

US$270,004,500

e)

Date of the transaction

8 November 2017

f)

Place of the transaction

Outside of Trading Venue


 

For more details of this transaction, please refer to official disclosure by PAO Severstal published on 9 November 2017:

 

http://www.severstal.com/eng/ir/disclosure/rns/document21218.phtml

 

For further information please contact:

 

Investor Relations

Evgeny Belov

T: +7 (495) 926-77-66

evgenii.belov@severstal.com

 

Public Relations

Anastasia Mishanina

T: +7 (495) 926-77-66

anastasia.mishanina@severstal.com

 

***

PАО Severstal is one of the world's leading vertically integrated steel and steel related mining companies, with assets in Russia, Ukraine, Latvia, Italy and Poland. Severstal is listed on RTS and MICEX and the company's GDRs are traded on the LSE. Severstal reported revenue of $5,916 million and EBITDA of $1,911 million in 2016. Severstal's crude steel production in 2016 reached 11.6 million tonnes www.severstal.com